Essex Realty Group Represents Sale Of Chicago Multifamily Portfolio For $18.5M
2407 West Berwyn Avenue, 5252 North Campbell Avenue, 5420 North Campbell Avenue, 2435 West Berwyn Avenue & 2423 West Berwyn Avenue
$18,500,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 31, 2026
AI
The property involved in this transaction is a multifamily asset located at 2407 W. Berwyn Ave in the Chicago market. The sale price for this asset was $18,500,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $18,500,000
- Address: 2407 W. Berwyn Ave
- Date of Sale: 04/01/2026
- Market: Chicago
- Broker: Steven Livaditis, Matt Feo & Rick Ofman - Essex Realty Group
Key individuals involved in the transaction include brokers Steven Livaditis, Matt Feo, and Rick Ofman, who represented the sale through Essex Realty Group, facilitating the negotiation and closing process for this multifamily asset deal.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.86%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93